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KeepItReal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 02:25 PM
Original message
"Oil-rich Gulf goes on buying spree"
Source: International Herald

While American and European companies have been shelving acquisitions after jitters in the credit market dried up potential financing, oil-producing countries in the Middle East showed Thursday that they do not share the same limitations.

In a series of multibillion-dollar deals, Dubai, Qatar and Abu Dhabi reached out to acquire significant stakes in three stock markets and a U.S. private equity firm, illustrating their increasing appetite for investing the growing wealth from record oil prices in high-quality assets abroad.
...
And finally, the government of Abu Dhabi agreed to buy a 7.5 percent stake in Carlyle Group, a U.S. buyout firm, for $1.35 billion.

Read more: http://www.iht.com/articles/2007/09/20/business/deals.php



Carlyle Group is cashing in....
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 02:29 PM
Response to Original message
1. The Carlyle Group = Bush Family
Can you say conflict of interest?

And the Senate is worried about MoveOn.org being critical of a General.

This stinks more than raw fish left out on the counter for two weeks.
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KeepItReal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 02:33 PM
Response to Reply #1
3. yep... Carlyle makes $1.35 billion from a Middle Eastern govt...
but congress is reading the riot act to some web activists.
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 02:30 PM
Response to Original message
2. Carlyle just bought Hubby's employer (Aerospace-related industry).
Not really sure what this means, except that he's working for the Great Satan Himself.
Don't know if I should :puke: or :rofl:..
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AlecBGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 02:54 PM
Response to Original message
4. so let me get this straight
The BFEE puts the US economy in the dumpster by starting an illegal war (which they profit off of) and by slashing taxes (they also make out like bandits). Im guessing that before the economy hit the skids, they invested in foreign currency and gold so they're making a tidy profit off that.

Oil is now $70/brl b/c of said war and b/c the GOP fight any increase in CAFE standards tooth and nail. So now all of the BFEE friends in the middle east (who lobby the **** out of the GOP) and the oil business (more lobbying $ to the BFEE) are making heaps of cash. Carlyle is invested heavily in oil companies so they're making big money off that. Also, the Middle Eastern countries are so flush with cash that they buy parts of the Carlyle group off for more big piles of cash.

:crazy: These guys are bloody ****ing geniuses. They profit 6 ways from Sunday by creating scarcity, anxiety and war.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 03:23 PM
Response to Reply #4
5. Wake up and smell the continuing operation known as BCCI. Unfortunately most Dems tun
Edited on Thu Sep-20-07 03:30 PM by blm
a blind eye to all of this - because they really are authoritarians to a great extent, in the sense that they don't want to upset the apple cart when its being pushed by people they have been told are their leaders.


http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x1857898#1858830
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cosmicdot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 04:12 PM
Response to Reply #4
8. and, I sense it's partly motivated by retribution and revenge
Edited on Thu Sep-20-07 04:18 PM by cosmicdot
no way this selfish, traitorous clan of the Walker-Pierce-Bushes got over Grandpoppy Prescott Bu4h being hit with Trading with the Enemy ... I conjecture that that's why they planted Poppy H.W. Bu$h in the CIA ... to start working the system, and their retribution, from within ...

just a theory

Prescott Bush was one of seven directors of Union Banking Corp

Bush Property Seized--Trading with the Enemy

In October 1942, ten months after entering World War II, America was preparing its first assault against Nazi military forces. Prescott Bush was managing partner of Brown Brothers Harriman. His 18-year-old son George, the future U.S. President, had just begun training to become a naval pilot. On Oct. 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City which were being conducted by Prescott Bush.

Under the Trading with the Enemy Act, the government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland `` Bunny '' Harriman, three Nazi executives, and two other associates of Bush.


http://www.tarpley.net/bush2.htm

oh, it's an evil web they weave

edited to add:

re Abu Dhabi is buying its stake in Carlyle just as the private equity firm is considering an initial public offering of its shares. The transaction, which values Carlyle at nearly $20 billion, echoes that of the rival buyout firm Blackstone, which sold a $3 billion stake to China's state-owned investment company in May, just a month before going public.

I've thought that the Carlyle Group and the Blackstone Group were not mere rivals, but basically mirror entities working the turf under different operating names. We need more regulation and transparency into private equity operations and investors.

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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 04:24 PM
Response to Reply #4
9. You forgot the Bush Family purchase of 100,000 acres in Paraguay...
...right over the largest fresh-water aquifer on that continent. The Bush Family plans to make $$$ selling water to thirsty countries (like Australia?) left high and dry due to climate change which Bush himself says doesn't exist...

Yes, they are "bloody ****ing geniuses."
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 03:31 PM
Response to Original message
6. Hey, freepers! While you were shivering in the corner, skeered that this country would be
taken over by "Islamofascists", your boy Georgie has quietly been selling us out to his friends in the Middle East. Maybe the silver lining is that if they own most of the country, they'll do everything they can to keep their property from being blown up.
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Tempest Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 03:54 PM
Response to Original message
7. Unlike American and European companies
Oil countries are spending hard cold cash.

No one is taking American and European company's IOUs anymore.
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 05:08 PM
Response to Original message
10. SOOOO.... We now know that Carlyle is worth $18B so far. Good work, junior.
You done made your daddy proud. Just waitin' on Tony Blair to take his seat on the board.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 10:27 PM
Response to Original message
11. Hi-quality assets
We still have some of those? Oh goody.
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